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Fidelity Enhanced Mid Cap Core ETF (FMDE)

41.64 +0.08 (+0.19%)
At close: November 2 at 4:00:00 PM EST
40.00 -1.64 (-3.94%)
After hours: November 2 at 5:50:05 PM EST
Trade FMDE on Coinbase

ETF Summary

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include,but are not limited to, valuation, growth, quality, and other factors.

ETF Overview

Category Mid-Cap Blend
Fund Family Fidelity Investments
Net Assets 8.09B
YTD Daily Total Return 15.21%
Yield 1.07%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FMDE Category Average
Annual Report Expense Ratio (net)
0.23% 0.86%
Holdings Turnover
78.00% 64.93%
Total Net Assets
25,183.86 25,183.86

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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